🔗💡 SOLUTION TO FRAGMENTATION! Co-founder of #solana proposes "meta blockchain" for interoperability.
Anatoly Yakovenko, co-founder of Solana Labs, has proposed an innovative data availability (DA) solution to address the problem of fragmentation and the lack of interoperability among different blockchains. 🌐
His proposal consists of a "meta blockchain" that would aggregate and organize data published across multiple layer 1 chains, such as $ETH , Celestia, and $SOL . Yakovenko emphasizes that this would allow the meta chain to utilize the most cost-effective DA available at any given moment. 💰
Blockchain interoperability is a crucial challenge in Web3, as layer 1 blockchains operate in isolation. DA layers are third-party solutions that ensure blockchains have the necessary data to validate transactions, acting as bridges between them. 🌉
Other significant blockchains are also working on improving their DA solutions. The upcoming Ethereum update, Fusaka, will focus on scaling its capacity as a DA layer. 🛠️
💸💨 Yakovenko emphasizes that reducing data availability costs is key to lowering expenses in blockchain transactions, with bandwidth being the main limitation. He proposes an advanced solution to eliminate external sequencers and enable smooth transactions between chains.
🤝⚛️ Other leaders, such as Charles Hoskinson ($ADA ), advocate for greater interoperability and collaborative economic models among blockchains to compete with traditional tech companies. Cardano is developing "Minotaur" to align incentives among networks.
Do you think Yakovenko's proposal could be the solution to blockchain fragmentation? What benefits would greater interoperability bring to the crypto ecosystem?
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